SoominStar

vip
Active for: 1.6y
Peak Tier 5
No content yet
Pin
📢 Gate Square Summer Creation Camp is live — 50,000 USDT prize pool up for grabs.
Post original content with #SummerCreationCamp to join.
🎁 New creators: 50 USDT contract voucher for first post, 100 USDT voucher for consistent posting, plus 5 USDT daily lucky draws.
🏆 All creators: share 500 USDT prize pool for hitting milestones. Top content earns 20 USDT + featured placement + 7-day traffic boost.
📅 July 15 – July 27, 24:00 (UTC+8)
👉 https://www.gate.com/announcements/article/100685
#SummerCreationCamp
post-image
post-image
Gate_Square
📢 Gate Square Summer Creation Camp is live — 50,000 USDT prize pool up for grabs.
Post original content with #SummerCreationCamp to join.
🎁 New creators: 50 USDT contract voucher for first post, 100 USDT voucher for consistent posting, plus 5 USDT daily lucky draws.
🏆 All creators: share 500 USDT prize pool for hitting milestones. Top content earns 20 USDT + featured placement + 7-day traffic boost.
📅 July 15 – July 27, 24:00 (UTC+8)
👉 https://www.gate.com/announcements/article/100685
#SummerCreationCamp #GateSquare
repost-content-media
  • Reward
  • 29
  • 3
  • Share
CryptoDiscovery:
LFG 🔥
View More
Gate benefits keep growing—have you claimed these rewards?
🔥 Multiple limited-time benefits are in full swing; now is the perfect time to participate:
🎁 Deposit rewards: https://gate.onelink.me/7pdk/2cb67579f6cd43da
📈 The first #Launchpool “Stake to Earn Stocks”: https://www.gate.com/launchpool/528
💵 #USD1 Earn yield on your holdings: https://www.gate.com/campaigns/5667
🏦 $GUSD Upgraded flexible U.S. Treasury offerings: https://www.gate.com/staking/USDT?pid=33&isDebtType=1
⭐ VIP exclusive benefits: https://www.gate.com/announcements/article/100651
USD1-0.03%
GUSD-0.01%
GateLaunch
Gate benefits keep growing—have you claimed these rewards?
🔥 Multiple limited-time benefits are in full swing; now is the perfect time to participate:
🎁 Deposit rewards: https://gate.onelink.me/7pdk/2cb67579f6cd43da
📈 The first #Launchpool “Stake to Earn Stocks”: https://www.gate.com/launchpool/528
💵 #USD1 Earn yield on your holdings: https://www.gate.com/campaigns/5667
🏦 $GUSD Upgraded flexible U.S. Treasury offerings: https://www.gate.com/staking/USDT?pid=33&isDebtType=1
⭐ VIP exclusive benefits: https://www.gate.com/announcements/article/100651
repost-content-media
  • Reward
  • Comment
  • Repost
  • Share
Gate #Launchpool Issue 370: Stake $GUSD $USDT $DOS to earn 1,410,000 $DOS
🔹 Estimated annualized yield of up to 245.07%
🔹 Earnings credited automatically every hour
🔹 Stake $GUSD to enjoy a 3.8% flexible US Treasury yield with 0-fee redemption
📅 August 10, 19:00 - August 24, 19:00 (UTC+8)
Stake now: https://www.gate.com/launchpool/533
More details: https://www.gate.com/announcements/article/101067
GUSD-0.01%
DOS79.59%
GateLaunch
Gate #Launchpool Issue 370: Stake $GUSD $USDT $DOS to earn 1,410,000 $DOS
🔹 Estimated annualized yield of up to 245.07%
🔹 Earnings credited automatically every hour
🔹 Stake $GUSD to enjoy a 3.8% flexible US Treasury yield with 0-fee redemption
📅 August 10, 19:00 - August 24, 19:00 (UTC+8)
Stake now: https://www.gate.com/launchpool/533
More details: https://www.gate.com/announcements/article/101067
repost-content-media
  • Reward
  • Comment
  • Repost
  • Share
⏳ Only 5 hours left until subscriptions open. Set your alarm and secure Moonshot AI ($KIMI) Pre-IPOs on time
🔹 The subscription window is only 48 hours
🔹 Subscribe using $GUSD to earn a 3.8% yield on short-term U.S. Treasuries, with 0-fee redemptions
🔹 VIP users receive an additional free airdrop
View now: https://www.gate.com/ipos/pre-ipos
More details: https://www.gate.com/announcements/article/101035
#KIMIPreIPOsNowOpen
#StockTradingShareChallenge
GUSD-0.01%
GateSquare
⏳ Only 5 hours left until subscriptions open. Set your alarm and secure Moonshot AI ($KIMI) Pre-IPOs on time
🔹 The subscription window is only 48 hours
🔹 Subscribe using $GUSD to earn a 3.8% yield on short-term U.S. Treasuries, with 0-fee redemptions
🔹 VIP users receive an additional free airdrop
View now: https://www.gate.com/ipos/pre-ipos
More details: https://www.gate.com/announcements/article/101035
repost-content-media
  • Reward
  • Comment
  • Repost
  • Share
#MoonshotAIPreIPOs开启 💡 A step-by-step guide to subscribing to Moonshot AI ($KIMI): Master the key points!
🔹 Reference subscription price: $105–115 per share
🔹 Subscription opens: August 11 at 15:00 (UTC+8)
🔹 Subscribe using $GUSD to earn 3.8% on-demand U.S. Treasury yield, with zero redemption fees
🔹 VIP users receive an additional free airdrop
View the subscription page: https://www.gate.com/ipos/pre-ipos
More details: https://www.gate.com/announcements/article/101035
GUSD-0.01%
ShizukaKazu
#MoonshotAIPreIPOs开启 💡 A step-by-step guide to subscribing to Moonshot AI ($KIMI): Master the key points!
🔹 Reference subscription price: $105–115 per share
🔹 Subscription opens: August 11 at 15:00 (UTC+8)
🔹 Subscribe using $GUSD to earn 3.8% on-demand U.S. Treasury yield, with zero redemption fees
🔹 VIP users receive an additional free airdrop
View the subscription page: https://www.gate.com/ipos/pre-ipos
More details: https://www.gate.com/announcements/article/101035
repost-content-media
  • Reward
  • Comment
  • Repost
  • Share
btc update
270 views
2026-08-10 17:22
  • Reward
  • Comment
  • Repost
  • Share
btc update
709 views
2026-08-10 15:41
  • Reward
  • Comment
  • Repost
  • Share
btc update
80 views
2026-08-10 06:17
  • Reward
  • 2
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
BTC UPDATE
live-cover
15 views
2026-08-09 18:31
Ended • No Replay
  • Reward
  • 1
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
update bte
131 views
2026-08-09 17:25
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
Gate Square Certified Creator Program Upgrade: Share $100,000+ in Monthly Rewards!
📌 How to Join
• Existing creators: Get the Certified Creator Badge to join automatically.
• New creators: Apply here 👉️ https://www.gate.com/questionnaire/7698
🎁 Creator Rewards
1️⃣ First Post Bonus: New & returning creators can earn $50 for their first post.
2️⃣ Weekly Rewards: Complete posting tasks and share $10,000 in rewards.
3️⃣ Monthly Rewards: Complete monthly tasks and share $100,000+.
4️⃣ Exclusive Perks: Access creator-only campaigns, tasks, and special gifts.
Create, grow, and get rewarded on Gate
Gate_Square
Gate Square Certified Creator Program Upgrade: Share $100,000+ in Monthly Rewards!
📌 How to Join
• Existing creators: Get the Certified Creator Badge to join automatically.
• New creators: Apply here 👉️ https://www.gate.com/questionnaire/7698
🎁 Creator Rewards
1️⃣ First Post Bonus: New & returning creators can earn $50 for their first post.
2️⃣ Weekly Rewards: Complete posting tasks and share $10,000 in rewards.
3️⃣ Monthly Rewards: Complete monthly tasks and share $100,000+.
4️⃣ Exclusive Perks: Access creator-only campaigns, tasks, and special gifts.
Create, grow, and get rewarded on Gate Square!
Details: https://www.gate.com/announcements/article/100944
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
🎁 100% Win Rate! Gate Square Community Growth Draw 2️⃣ 1️⃣ 3 days left!
No trading required. Simply complete community activities to qualify!
💰 Rewards Upgraded: Win up to a $10,000 CFD Position Voucher for trading popular stocks!
Plus Prediction Market Vouchers, Fee Rebate Vouchers, and more.
Draw now👇
https://www.gate.com/activities/pointprize?now_period=21
🌟 How to Join:
1️⃣ Earn Growth Points by posting, commenting, liking, and chatting.
2️⃣ Tap 【+】→ Activity Center to enter the lucky draw.
Details: https://www.gate.com/announcements/article/100818
#BTC #ETH #HYPE
BTC-2.04%
ETH-2.89%
HYPE0.54%
Gate_Square
🎁 100% Win Rate! Gate Square Community Growth Draw 2️⃣ 1️⃣ 3 days left!
No trading required. Simply complete community activities to qualify!
💰 Rewards Upgraded: Win up to a $10,000 CFD Position Voucher for trading popular stocks!
Plus Prediction Market Vouchers, Fee Rebate Vouchers, and more.
Draw now👇
https://www.gate.com/activities/pointprize?now_period=21
🌟 How to Join:
1️⃣ Earn Growth Points by posting, commenting, liking, and chatting.
2️⃣ Tap 【+】→ Activity Center to enter the lucky draw.
Details: https://www.gate.com/announcements/article/100818
#BTC #ETH #HYPE
repost-content-media
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
#StockTradingShareChallenge
🔥 WEEKEND CRYPTO MARKET: 7 COINS, 7 DIFFERENT SETUPS
The crypto market is entering the weekend with a mixed picture. Bitcoin is moving sideways, while selected altcoins are showing stronger momentum.
Weekend liquidity can be thin, which means breakouts can become fakeouts quickly. The key this weekend is not chasing green candles — it is watching support, resistance, volume and confirmation.
Here is the map 👇
₿ BTC — THE MARKET’S MAIN TRIGGER
Bitcoin is hovering around $65,050, stuck inside a narrow range after recovering strongly from the $58,600 area.
The imme
BTC-2.04%
ETH-2.89%
SOL-1.89%
DOGE0.01%
XRP-3.12%
Roselyn
#StockTradingShareChallenge
🔥 WEEKEND CRYPTO MARKET: 7 COINS, 7 DIFFERENT SETUPS
The crypto market is entering the weekend with a mixed picture. Bitcoin is moving sideways, while selected altcoins are showing stronger momentum.
Weekend liquidity can be thin, which means breakouts can become fakeouts quickly. The key this weekend is not chasing green candles — it is watching support, resistance, volume and confirmation.
Here is the map 👇
₿ BTC — THE MARKET’S MAIN TRIGGER
Bitcoin is hovering around $65,050, stuck inside a narrow range after recovering strongly from the $58,600 area.
The immediate battle is:
Support: $64,000 → $62,500
Resistance: $66,000 → $66,500
BTC remains constructive while $62,500 holds, but the real momentum shift comes only if Bitcoin breaks and holds above $66,500.
🎯 Above $66,500 → $68,000 becomes the next major target.
⚠️ Below $62,500 → deeper correction risk increases.
The weekend may be quiet — but BTC is sitting close to a decision zone.
Ξ ETH — BULLISH STRUCTURE UNDER PRESSURE
Ethereum is trading near $1,921 after recovering from its early-June low around $1,505.
The bigger structure remains positive as long as ETH stays above:
$1,820
Key resistance sits between $1,960 and $1,981.
A confirmed breakout could push ETH toward the psychological $2,000 level.
The setup remains constructive, but losing $1,820 would significantly weaken the recovery.
☀️ SOL — THE WEEKEND LEADER
Solana is showing some of the strongest momentum, trading around $76.29 and gaining roughly 3.5%.
After finding support near $71, SOL has started rebuilding momentum.
Key levels:
Support: $74 → $72
Resistance: $77–$78 → $80
A clean move above $78 could give SOL the momentum needed to challenge $80.
As long as $74 holds, buyers retain the short-term advantage.
🐕 DOGE — STILL NEEDS A BREAKOUT
DOGE is around $0.071, showing a modest recovery but remaining technically fragile.
Support: $0.069 → $0.067
Resistance: $0.072 → $0.074
DOGE needs a sustained move above $0.074 to seriously improve its structure.
Until then, this remains a recovery attempt inside a broader weak trend.
💧 XRP — $1.00 IS THE LINE IN THE SAND
XRP is trading near $1.043, showing resilience after weeks of range-bound movement.
Important levels:
Support: $1.02 → $1.00
Resistance: $1.07 → $1.09
A breakout above $1.09 could open the door toward $1.15.
But losing the psychological $1.00 level would dramatically change the setup.
⚡ ZEC — HIGH REWARD, HIGH VOLATILITY
Zcash is sitting near $510, pressing against the upper part of its recent range.
Resistance: $515 → $534 → $550
Support: $480 → $450
A breakout above $515 could accelerate the move, but ZEC remains extremely volatile.
This is a market where risk management matters more than prediction.
🟢 GT — QUIET ACCUMULATION?
GateToken is trading around $6.71, recovering from the $6.17 area and approaching the upper end of its recent range.
Support: $6.60 → $6.46
Resistance: $6.79–$6.85 → $7.00 → $7.15
A clean breakout above $6.85 could bring $7.00 and potentially $7.15 into focus.
The current base-building structure remains worth watching.
🚨 THE BIG PICTURE
The entire altcoin market may ultimately depend on Bitcoin.
If BTC breaks $66,000–$66,500, the next wave could push:
ETH → $2,000
SOL → $80+
XRP → $1.09+
GT → $7.00+
But if BTC loses $62,500, the opposite scenario becomes more likely:
ETH → $1,820
SOL → $72
DOGE → $0.067
and weaker altcoins could face additional selling pressure.
📌 WEEKEND GAME PLAN
Do not confuse a small weekend bounce with a confirmed trend reversal.
Watch the levels.
Wait for confirmation.
Avoid emotional entries.
Keep position sizes controlled.
Respect invalidation levels.
BTC remains the key.
Above major resistance, the market can accelerate.
Below major support, capital preservation becomes the priority.
For now, the overall picture is cautiously constructive with selective strength in SOL, XRP, ETH and GT — but confirmation is still required.
@Gate_Square
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
#Web3SecurityGuide
A large C2C withdrawal should never be treated like a routine cash-out.
When the amount gets bigger, one mistake can become expensive. That is why the priority should shift from speed to verification.
The safest approach starts before you even place the order.
1. PLAN THE WITHDRAWAL
Do not move a large amount simply because the market is moving quickly.
Withdraw according to your actual liquidity needs, and make sure the transaction follows the rules of your bank, payment provider and trading platform.
A properly planned transaction is easier to explain, track and verify.
post-image
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
#IranOmanAgreeOnFreeStraitPassage — One Shipping Route, A Much Bigger Market Story
Some geopolitical headlines stay regional.
Others can travel through the entire global financial system.
The Strait of Hormuz belongs to the second category.
Reports that Iran and Oman are moving toward an understanding aimed at safer and more predictable commercial passage through the Strait could become an important development for markets. But the key distinction is this: an understanding is not the same as fully normalized shipping.
For traders, implementation matters more than the headline.
WHY HORMUZ CAN M
BTC-2.04%
ETH-2.89%
post-image
  • Reward
  • 3
  • Repost
  • Share
ybaser:
2026 GOGOGO 👊
View More
#IranOmanAgreeOnFreeStraitPassage
#IranOmanAgreeOnFreeStraitPassage
𝗦𝗧𝗥𝗔𝗜𝗧 𝗢𝗙 𝗛𝗢𝗥𝗠𝗨𝗭 𝗕𝗥𝗘𝗔𝗞𝗧𝗛𝗥𝗢𝗨𝗚𝗛: 𝗪𝗛𝗬 𝗧𝗛𝗜𝗦 𝗖𝗢𝗨𝗟𝗗 𝗠𝗔𝗧𝗧𝗘𝗥 𝗙𝗢𝗥 𝗚𝗟𝗢𝗕𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦
The Strait of Hormuz is once again becoming one of the most important variables for global markets.
Iran and Oman have moved closer to an understanding on shipping routes through the Strait, with discussions focused on creating safer and more predictable passage for commercial vessels. However, the final framework and its implementation still remain important.
𝗪𝗛𝗬 𝗛𝗢𝗥𝗠𝗨𝗭 𝗠𝗔𝗧𝗧𝗘𝗥𝗦
H
BTC-2.04%
ETH-2.89%
BeautifulDay
#IranOmanAgreeOnFreeStraitPassage
#IranOmanAgreeOnFreeStraitPassage
𝗦𝗧𝗥𝗔𝗜𝗧 𝗢𝗙 𝗛𝗢𝗥𝗠𝗨𝗭 𝗕𝗥𝗘𝗔𝗞𝗧𝗛𝗥𝗢𝗨𝗚𝗛: 𝗪𝗛𝗬 𝗧𝗛𝗜𝗦 𝗖𝗢𝗨𝗟𝗗 𝗠𝗔𝗧𝗧𝗘𝗥 𝗙𝗢𝗥 𝗚𝗟𝗢𝗕𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦
The Strait of Hormuz is once again becoming one of the most important variables for global markets.
Iran and Oman have moved closer to an understanding on shipping routes through the Strait, with discussions focused on creating safer and more predictable passage for commercial vessels. However, the final framework and its implementation still remain important.
𝗪𝗛𝗬 𝗛𝗢𝗥𝗠𝗨𝗭 𝗠𝗔𝗧𝗧𝗘𝗥𝗦
Hormuz is one of the world's most important energy chokepoints.
Any improvement in shipping conditions can reduce uncertainty around oil supplies, transportation costs and global inflation expectations.
That means this story is much bigger than the Middle East.
It can influence:
• Crude oil
• Inflation expectations
• Treasury yields
• Global liquidity
• Equity markets
• Crypto sentiment
𝗢𝗜𝗟 𝗖𝗢𝗨𝗟𝗗 𝗕𝗘 𝗧𝗛𝗘 𝗙𝗜𝗥𝗦𝗧 𝗠𝗔𝗝𝗢𝗥 𝗥𝗘𝗔𝗖𝗧𝗜𝗢𝗡
If commercial shipping becomes safer and more predictable, the geopolitical risk premium in crude oil could begin to decline.
Lower energy-risk expectations could eventually reduce pressure on inflation.
That could become positive for risk assets if it also helps improve expectations for monetary policy and global liquidity.
But traders should remember:
A diplomatic understanding does not automatically mean normal shipping conditions return overnight.
𝗖𝗥𝗬𝗣𝗧𝗢 𝗖𝗢𝗨𝗟𝗗 𝗔𝗟𝗦𝗢 𝗕𝗘𝗡𝗘𝗙𝗜𝗧
Bitcoin and other risk assets are highly sensitive to changes in global risk appetite.
If tensions decline:
𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗥𝗶𝘀𝗸 ↓
𝗢𝗶𝗹 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 ↓
𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗙𝗲𝗮𝗿𝘀 ↓
𝗥𝗶𝘀𝗸 𝗔𝗽𝗽𝗲𝘁𝗶𝘁𝗲 ↑
That combination could create a more supportive environment for BTC, ETH and major altcoins.
But there is no guarantee of an immediate crypto rally.
𝗧𝗛𝗘 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗥𝗜𝗦𝗞
The market may price in good news before the agreement is fully implemented.
If negotiations stall, shipping remains disrupted or security concerns return, oil could quickly regain its risk premium and markets could become volatile again.
That is why confirmation matters more than headlines.
𝗪𝗛𝗔𝗧 𝗜 𝗪𝗢𝗨𝗟𝗗 𝗪𝗔𝗧𝗖𝗛
For Oil:
Lower geopolitical premium + improving shipping = potentially bearish pressure.
For BTC:
Resistance breakout + strong volume + follow-through = stronger bullish confirmation.
For ETH:
Watch ETH/BTC strength and broader risk appetite.
For Altcoins:
Look for market-wide participation rather than isolated pumps.
𝗕𝗨𝗟𝗟𝗜𝗦𝗛 𝗦𝗖𝗘𝗡𝗔𝗥𝗜𝗢
Hormuz passage improves → shipping risk declines → oil pressure eases → inflation expectations improve → liquidity outlook strengthens → risk assets benefit.
𝗕𝗘𝗔𝗥𝗜𝗦𝗛 𝗦𝗖𝗘𝗡𝗔𝗥𝗜𝗢
Agreement delayed → shipping uncertainty continues → oil volatility returns → inflation concerns rise → risk assets face renewed pressure.
𝗙𝗜𝗡𝗔𝗟 𝗧𝗛𝗢𝗨𝗚𝗛𝗧
The Iran–Oman development is not simply an energy story.
It could become a global liquidity story.
If the Strait of Hormuz moves from geopolitical uncertainty toward stable commercial passage, the impact could spread from oil markets into inflation expectations, monetary policy and eventually crypto.
For traders, the key is simple:
𝗗𝗼𝗻'𝘁 𝘁𝗿𝗮𝗱𝗲 𝘁𝗵𝗲 𝗵𝗲𝗮𝗱𝗹𝗶𝗻𝗲.
𝗧𝗿𝗮𝗱𝗲 𝘁𝗵𝗲 𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻.
Research. Risk. Decide. 🌍📈
#IranOmanAgreeOnFreeStraitPassage
#Bitcoin
#Crypto
  • Reward
  • 3
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
#CLARITYActVoteWindowClosing — September 15 Could Test Crypto’s Next Narrative
Crypto has spent years trading one question:
When will the US finally define the rules?
Now that question has a date attached to it.
September 15 is emerging as a critical Senate window for the CLARITY Act, with the chamber preparing for a cloture vote on moving the legislation forward. That does not mean the entire bill becomes law that day. It means the market is approaching an important test of whether the US can finally move its crypto market-structure framework toward the next stage.
And that distinction matter
post-image
  • Reward
  • 3
  • 1
  • Share
ybaser:
To The Moon 🌕
View More
btc update
834 views
2026-08-09 15:24
  • Reward
  • 3
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
btc update
446 views
2026-08-09 12:54
  • Reward
  • 3
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
hot topic prediction
live-cover
12 views
2026-08-09 12:31
Ended • No Replay
  • Reward
  • 3
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
#NFPShockSpikesRateCutOdds
July Jobs Report Forces a Rapid Repricing of the Federal Reserve Path
The July nonfarm payrolls report was really bad. It did not meet expectations all. Payrolls went down by 23,000 when people thought they would go up by 80,000. The numbers for May and June were also. That meant 103,000 fewer jobs. The labor force participation rate went down to 61.4 percent which's the lowest it has been in over five years if you do not count the time of the pandemic. The unemployment rate did go down to 4.1 percent. That is because 264,000 people stopped looking for jobs not beca
Crypto_Buzz_with_Alex
#NFPShockSpikesRateCutOdds
July Jobs Report Forces a Rapid Repricing of the Federal Reserve Path
The July nonfarm payrolls report was really bad. It did not meet expectations all. Payrolls went down by 23,000 when people thought they would go up by 80,000. The numbers for May and June were also. That meant 103,000 fewer jobs. The labor force participation rate went down to 61.4 percent which's the lowest it has been in over five years if you do not count the time of the pandemic. The unemployment rate did go down to 4.1 percent. That is because 264,000 people stopped looking for jobs not because more people were hired.
The jobs that were lost were in areas not everywhere. Jobs in education from governments went down a lot and that is normal for the summer. Jobs in hospitality and retail also went down.. Private companies still hired a few more people, about 30,000 and most of those jobs were in healthcare and helping people. Manufacturing and construction companies also hired people.. Companies that deal with money had their worst month in four years. Peoples wages did not go up much as they used to which means less pressure on prices to go up.
The market reacted away to the jobs report. People thought there would be a rate hike in September. Now they are not so sure. The chance of a rate hike went down from around 55 percent to 44 percent. Some people even think there will not be a rate hike all. The interest rate on a 2-year loan from the government went down to 4.16 percent and the interest rate on a 10-year loan went down to 4.62 percent. The value of the dollar went down. The price of gold went up.
The Federal Reserve was already divided about what to do. Some people thought they should raise the interest rate a bit in September. Others thought they should wait because prices are not going up much. The Federal Reserve did not give a plan after their last meeting so now every new piece of data is very important.
There are still two things that we need to see before we know what will happen. We need to see the inflation data. What is happening in the world. If prices are not going up much as they used to and if there are no big problems in the world then the Federal Reserve might not raise the interest rate. But if something big happens and prices start going up then they might have to raise the interest rate after all. For now people think that the chance of a rate hike in September is lower and that is what is moving the market.
The July employment report was a deal. It made people think that the labor market is not as strong as they thought and that the Federal Reserve might not raise the interest rate soon as they thought. The next thing we need to see is the inflation data and what happens with energy prices. Until then people think that the chance of a rate hike, in September is lower and the market is still reacting to the jobs report.
This is what I think about the data and how the market reacted. It is not a prediction or a recommendation.
#NFPShock #RateCutOdds #FedWatch
repost-content-media
  • Reward
  • 6
  • Repost
  • Share
ybaser:
To The Moon 🌕
View More
  • Pinned